SEC’s Crypto Accounting Guidelines Might Be A Costly Hurdle For Banks

As traditional financial institutions are looking into entering the crypto space, regulators looking at policing the industry are making the foray harder. In March 2022, the US Securities and Exchange Commission put forth a guideline requiring public companies that hold crypto assets on behalf of its investors must account for them as liabilities on their … Continue reading SEC’s Crypto Accounting Guidelines Might Be A Costly Hurdle For Banks